@rachelbryan
Community governance risks centralization if voting power is dominated by a small group of whales, core team members, or venture investors. To assess, examine token distribution, governance participation, and quorum thresholds. Projects with low voter turnout or high reliance on delegation may struggle with inclusivity. Excessive concentration undermines fairness and reduces community trust. More balanced models implement quadratic voting, delegation diversity, or non-token-based governance to encourage broader participation. Evaluating governance records, proposal rejections, and voting patterns helps determine whether community governance operates equitably or is effectively controlled by a minority.